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crvUSD Review: What to Know Before Borrowing

crvUSD is Curve’s Ethereum stablecoin, designed to track the US dollar and issued through collateralized debt positions. Key details about collateral, borrowing costs and audit scope are not published here, so check them before using it.

By the SkyBitcoins review team · Updated

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At a glance

crvUSD key facts

crvUSD key facts
TypeCollateralized-debt-position stablecoin
Target pegUS dollar
ChainEthereum
AuditsTwo listed; scope and findings unspecified
TokenCRV
Value locked$112M−7.4% 7d
Updated

crvUSD FAQs

What is crvUSD?

crvUSD is a Curve stablecoin designed to track the US dollar. Its peg is a design goal, not a guarantee that the market price will always equal one dollar.

Can you borrow crvUSD against crypto?

crvUSD uses a collateralized-debt-position model: users borrow the stablecoin against crypto collateral. The accepted collateral and borrowing terms are not published here, so confirm them in Curve’s app before depositing.

What are crvUSD’s fees and is it audited?

Fees and audit details are not published here. Two audits are listed, but the names, scope and findings are not specified; check those details and the current borrowing costs before committing funds.

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How we checked

Sources

  1. defillama.com/protocol/crvusd(opens in a new tab)

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